Comarco grows Q3 net income

SteveGelsi

Comarco
CMRO, +150.00%
posted third-quarter net income of $1.5 million, or 21 cents per share, compared to $1 million, or 14 cents per share in the year-ago period. Wall Street had been expecting the Irvine, Calif. maker of wireless testing software to report earnings of 13 cents per share, according to a survey of two analysts by Thomson First Call. Revenue for the third quarter of fiscal 2003 was $13 million, up from $12.3 million. Shares rose 40 cents to $7.93 on Monday.

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